Economy
Chinese wind turbine-makers move into Europe as trade tensions flare
Est. 5minChinese wind turbine-makers this month clinched their first order in Germany, as they build momentum in the European market and add to concern in the EU industry that it faces an existential threat.
Using football to promote gender equality
The TARGET project aims to train coaches to promote gender equality within youth football teams and beyond
German industry expects marginal benefits from new government growth package
Est. 5minGerman industry umbrella association BDI expects only “marginal” growth effects from a package adopted by the German government on Wednesday (17 July), which includes tax for foreign workers, bureaucracy reduction, and initiatives at EU level.
King’s Speech: UK vows to rekindle trade and investment ties with Europe
Est. 5minHopes that Keir Starmer’s new Labour government will seek to rebuild closer ties with the EU gained momentum on Wednesday (17 July) as King Charles presented the incoming administration’s priorities at the House of Lords.
More private investment needed for Ukraine’s ‘enormous’ reconstruction effort, top EU official warns
Est. 4minEuropean governments must step up efforts to incentivise the private sector to invest in Ukraine in order to fund the war-torn country’s “enormous” enormous recovery and reconstruction needs, a senior EU official said on Tuesday (16 July).
Reason for concern or premature obituary? Analysts divided on German economy
Est. 4minWith two years of economic stagnation and insolvencies on the rise, analysts are divided on how to interpret the current state of the German economy.
Commissioner Ferreira, Germany’s Lindner go head-to-head on cohesion policy future
Est. 3minGerman Finance Minister Christian Lindner (FDP/Renew) has clashed with outgoing EU Cohesion Commissioner Elisa Ferreira on Monday (15 July), after suggesting that Cohesion policy might be “overfunded” due to its sluggish absorption rate.
New fiscal rules may require deeper-than-expected spending cuts in 2025, Eurogroup signals
Est. 5minEurozone member states will have to cut net government spending by more than previously anticipated next year to comply with the EU’s stringent new fiscal rules, European finance ministers said on Monday (15 July).
Holistic farm policies needed to keep focus on SDGs argues EESC’s Peter Schmidt
Est. 7minGovernments are shifting their priorities away from Sustainable Development Goals, but the EESC’s Peter Schmidt argues for a holistic approach, designing policies that can help farmers and citizens transition to a more sustainable way of producing and consuming.
German CSU warns against cohesion funds cuts ahead of Lindner visit, EU finance chiefs summit
Est. 4minAhead of a discussion on the future of cohesion policy with German Finance Minister Christian Lindner (FDP/Renew) in Brussels on Monday (15 July), Bavarian CSU has warned against centralising the funds, mulled by the Commission, or cuts, mulled by Berlin.
Investment in European healthcare delivering innovation and improved patient care
Est. 6minEurope as a centre for health technology innovation has taken off in recent years with dozens of European companies leading the way in developing innovative solutions with the potential to raise the standard of healthcare and health systems globally.
Insurance sector adds to pressures on new EU Commission to cut reporting rules
Est. 8minEurope's insurance sector became the latest to join the chorus of EU interest groups calling on the next Commission to foster a more pro-business regulatory framework - first and foremost, by following through with its pledge to slash reporting obligations by 25%.
German plans to downsize national supply chain rules at odds with EU law, experts warn
Est. 6minGermany’s plans to reduce the scope of its national supply chain due diligence law, in line with the EU directive that will enter into force later this month, could collide with EU law, legal experts told Euractiv.
EU Commission urges US, European investment giants to reach ‘swift’ debt restructuring deal with Kyiv
Est. 6minThe European Commission has urged private creditors to “swiftly” reach an agreement with the Ukrainian government to avoid Kyiv defaulting on billions of dollars in debt at the start of next month.
Europe’s economy is falling behind: a new Commissioner can help it catch up
Est. 5minEU leaders are sounding the alarm on Europe’s industry and innovation falling behind the US and others. Europe’s economic muscles have atrophied while the United States and China are pushing the world into the next generation of innovation and industry. Deep changes are required.
EU Commission’s tariffs could boost EV relocation to Europe
Est. 3min"It can happen that after the tariffs this process [of localisation] is accelerating," Hungarian Minister for National Economy, Márton Nagy, said following an informal meeting of EU competitiveness ministers in Budapest on Tuesday (9 July).
The Brief – German government tricks itself out of a budget crisis, again
Est. 8minOnce again, the German government has used accounting tricks to reconcile its spending wishes with the rules of its constitutional ‘debt brake’ – but unlike the tricks faulted by the country’s Constitutional Court last year, this time experts say it's waterproof.
German chemicals association: Industry past its rock bottom, but export-driven model might be over
Est. 3minThe chemical industry in Germany has overcome its low point, but the previous model of exporting basic chemical has come to an end, Chemical Industry Association VCI said on Monday (8 July).
EU auditors: €15bn cohesion funds misspent due to Commission, member state failures
Est. 4minBillions of euros in cohesion funds were misspent in recent years due to the European Commission and member states’ failure to implement appropriate financial safeguards, according to a report published on Monday (8 July) by the European Court of Auditors.
Hungary looks to ‘de-escalate’ EU-China trade tensions while Commission distances itself from Orbán’s Beijing trip
Est. 5min"We should seek to maintain and strengthen cooperation with as many countries and market players around the world as possible," Hungary’s Ambassador to the EU, Bálint Ódor, told Euractiv in an interview.
EU election’s shift to right signals Green Industrial Deal validation
Est. 7minFor industries that work with raw materials, the EU Parliament’s shift to the right is being interpreted as a signal from voters that they want more attention paid to the economy.
German coalition parties avert government crisis with compromise on budget
Est. 4minGermany’s government coalition reached a political agreement on its budget on Friday (5 July), working around a self-imposed borrowing limit with “quite a few tricks”.
Von der Leyen warned: Don’t slap the bill for climate and industry on consumers
Est. 9minThe influential Brussels think-tank, Bruegel, has sent a ‘memo’ to Commission President-designate, Ursula von der Leyen, warning her of over-burdening consumers during her likely second term.
China urges EU to ‘meet halfway’ on electric vehicle dispute
Est. 3minThe Chinese government urged the European Union to “meet China halfway” to resolve the ongoing trade dispute over electric vehicles on Thursday (4 July), as Beijing steps up its efforts to ensure that the provisional tariffs on China-made EVs that will enter into force on Friday do not become permanent.